Asia

Zomato earnings release lacks details, provides only selective data: Jefferies

The Zomato third quarter earnings release remains opaque, lacks substance, and describes only selective aspects of the business, foreign brokerage, Jefferies said in a report.

Feb 12, 2022

India's forex reserves rise over $2 bn in week ending Feb 4; Gold reserves decline

India's foreign exchange reserves rose by $2.198 billion during the week ended February 4, while gold reserves declined by $210 million to $39.283 billion.

Feb 12, 2022

Sensex, Nifty trade in negative zone, slip over 1%

At 9.40 a.m., Sensex traded at 58,269 points, down 1.1 per cent or 657 points from the previous close, while Nifty traded at 17,398 points, down 1.2 per cent or 207 points

Feb 11, 2022

Sensex up by 369 pts at 11 a.m as RBI keeps rates unchanged

At 10:25 a.m., Sensex was trading at 58,835, up 369 points at 11 a.m, from the previous close

Feb 10, 2022

Equities rise in early trade; majority of Nifty50 stocks in green

India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- rose substantially in the early trade on Wednesday.

Feb 9, 2022

Sensex, Nifty open on positive note but turn negative soon

Though opened on a positive note, Sensex by 10:50 a.m. reached 57,310, down by 321 points, continuing the downward trend

Feb 8, 2022

Sensex continues downward trend, trading at 137 pts down

Sensex was trading at 58,508 points, down 0.2 per cent or 137 points from the previous close of 58,645 points. It opened at 58,550 points

Feb 7, 2022

Sensex to reach 100,000-mark in five years, by FY27: Jefferies Analyst

Analyst Christopher Wood in his column said the Sensex will hit 100,000 during FY27 or sometime in late 2026

Feb 4, 2022

Sensex, Nifty remain flat as global cues turn negative for tech stocks

Following Facebook's crash in the US markets, Sensex and Nifty may stand to loose on tech stocks while other sentiments remained gloomy after the Budget 2023

Feb 4, 2022

Facebook stocks crash, $230 billion wiped out from market; Zuckerberg behind Mukesh Ambani and Gautam Adani now

Shares opened on Thursday down 25 per cent or a crash of about $230 billion from the social media networking giant's market capitalisation.

Feb 4, 2022

Sensex slips 300 pts on profit booking after budget

The Indian equities opened lower during the early trade on Thursday due to profit booking by investors after sizable gains in past two-to-three sessions.

Feb 3, 2022

For the first time, Facebook loses daily users, ad growth declines, share price plunges by 20%

For the first time ever, Facebook has lost daily users globally, reporting lower-than-expected ad growth that sent its stock plunging nearly 20 per cent.

Feb 3, 2022

Production-Linked Incentive scheme may generate 60 lakh jobs in next 5 years: FM

The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities, said Finance Minister Nirmala Sitharaman.

Feb 1, 2022

Lord Ganesha on Budget day: The untold, unwritten custom of Finance Ministry

Every Finance Minister starts his/her Budget day with Ganesh puja at the corridors of the Finance Ministry of the North Block, offering flowers to the lord, before heading to the Parliament for budget presentation as the Budget day is the most important day for any Finance Minister which evaluates his/her performance.

Feb 1, 2022

Sensex up by 700 points as budget presentation begins; Adani Wilmar IPO subscribed 17 times

At 10:55 a.m., Sensex traded at 58,724 points, up by 710 points from the previous close, while the broader Nifty traded at 17,544 points, up 203 points

Feb 1, 2022

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